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Filing year 2023

NEW ENGLAND INSTITUTE OF TECHNOLOGY

East Greenwich, Rhode Island·EIN 05-0312747·NTEE B400 · Education·501(c)(3)
Total revenue
$96.2M
Total assets
$441.7M
Total expenses
$85.3M
Reported officers
26
Mission

GENERAL AND TECHNICAL EDUCATION SERVICES

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

President & Trustee
Board Member
Above 90th percentile
$1.2M
$1.4M
Base
$804k
Bonus
$148k
Other
$78k
Benefits
$24k
Senior V.p. & Treasurer
Above 90th percentile
$769k
$858k
Base
$504k
Bonus
Other
$117k
Benefits
$30
Exec. Vice Pres.
Officer (Unspecified)
$513k
$573k
Base
$414k
Bonus
$61k
Other
$11k
Benefits
$8k
Senior V.p. & Provost
Officer (Unspecified)
$361k
$403k
Base
$280k
Bonus
$29k
Other
$11k
Benefits
$24k
Vice President
75th to 90th percentile
$328k
$366k
Base
$257k
Bonus
$21k
Other
$11k
Benefits
$24k
Vice President
75th to 90th percentile
$322k
$360k
Base
$270k
Bonus
Other
$11k
Benefits
$24k
Vice President
75th to 90th percentile
$262k
$293k
Base
$227k
Bonus
Other
$7k
Benefits
$15k
Vice President
75th to 90th percentile
$241k
$269k
Base
$202k
Bonus
Other
$9k
Benefits
$19k
Assistant Provost
Highest Compensated Employee
75th to 90th percentile
$232k
$259k
Base
$207k
Bonus
Other
Benefits
$24k
Vice President
Median to 75th percentile
$221k
$246k
Base
$190k
Bonus
Other
$11k
Benefits
$9k
Vice President
Median to 75th percentile
$216k
$241k
Base
$186k
Bonus
Other
$11k
Benefits
$7k
CIO
Chief Information Officer
Median to 75th percentile
$205k
$229k
Base
$193k
Bonus
Other
Benefits
$698
Associate Professor/dept. Chair
Board Chair
75th to 90th percentile
$202k
$225k
Base
$172k
Bonus
Other
Benefits
$24k
Associate Professor
Highest Compensated Employee
Median to 75th percentile
$199k
$222k
Base
$169k
Bonus
Other
Benefits
$24k
Assistant Provost
Highest Compensated Employee
Median to 75th percentile
$191k
$213k
Base
$167k
Bonus
Other
Benefits
$24k
Vice President
Median to 75th percentile
$184k
$205k
Base
$171k
Bonus
Other
$11k
Benefits
$581
Vice President/general Counsel
10th to 25th percentilevs Education peers in Rhode Island
$39k
$44k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NEW ENGLAND INSTITUTE OF TECHNOLOGY equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 10%
from 2022

From $1.1M in 2022 to $1.2M in 2023.

$1.1M
2022
$1.2M
2023
In today's dollarsEst.
Up 7% in real terms$1.3M to $1.4M

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 10% from 2022 to 2023, while revenue rose 22%.

$1.1M in 2022 to $1.2M in 2023.
  • Chief Financial Officer pay fell 10% from 2022 to 2023.
  • Vice President pay rose 2% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

1
NEW ENGLAND INSTITUTE OF TECHNOLOGY2023
$1.2M
2
OTIS COLLEGE OF ART AND DESIGN2023
$501k
Compare compensation across all Education organizations
FAQ

Common questions about NEW ENGLAND INSTITUTE OF TECHNOLOGY

What does the Board Member of NEW ENGLAND INSTITUTE OF TECHNOLOGY earn?

In 2023, the Board Member of NEW ENGLAND INSTITUTE OF TECHNOLOGY received $1,215,540 in total compensation. This pay is in the top 10% for Board Member roles among Education organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at NEW ENGLAND INSTITUTE OF TECHNOLOGY compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Board Member at NEW ENGLAND INSTITUTE OF TECHNOLOGY falls in the top 10%. In 2023, the highest total compensation at NEW ENGLAND INSTITUTE OF TECHNOLOGY equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are NEW ENGLAND INSTITUTE OF TECHNOLOGY's revenue and expenses?

In 2023, NEW ENGLAND INSTITUTE OF TECHNOLOGY reported $96.2M in total revenue and $85.3M in total expenses on its IRS Form 990.

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